ORE Catapult Selling Blyth Assets

Following The Crown Estate’s announcement of a competition for the offshore land rights of the Blyth Offshore Demonstrator project, the Offshore Renewable Energy (ORE) Catapult will in parallel shortly be launching a process for the sale of the remaining complementary assets, comprising primarily the grid connection, associated onshore land rights and wind data.

ORE Catapult Selling Blyth AssetsORE Catapult is seeking to dispose of 100% of the shares of its interest in the project, developed by the National Renewable Energy Centre (Narec), which will enable construction of a 99MW offshore wind test and demonstration site.

Commenting on the sale, ORE Catapult Operations Director Tony Quinn, said: “With its world-class testing and demonstration facilities at the National Renewable Energy Centre (Narec) in Blyth, the ORE Catapult will work closely and constructively with the eventual successful bidder for the Blyth Offshore Demonstration project for the good of the whole sector.”

Press Release, May 29, 2014; Image: narec